The Benefits of Using Biometrics in Banking

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The Benefits of Using Biometrics in Banking
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How does biometric identification work?
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• Biometrics are automated methods of recognizing
  bank employees and customers through their
  physiological characteristics such as
  fingerprints, finger and palm veins, iris
  patterns, and voice recognition.

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• Benefits to Employees

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Biometrics benefits employees by providing more
secure and user friendly individual
identification using unique biometric
characteristics. Major benefits include
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• Benefits to Employees

• Fast, secure, and user friendly authentication
• A concrete audit trail of transaction history
• Fast branch banking
• Encourages accountability and productivity

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• Benefits to Customers

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• Benefits to Customers

Customers demand secure banking systems that
protect their individual identities. Biometric
identification answers the call by providing
banks the most accurate and secure technology to
identify customers. Major benefits of biometrics
in banking to customers include
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• Fast and secure banking transactions
• Secure ATM customer identification
• Secure mobile banking
• Increased convenience and peace of mind

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Benefits to Banks
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• Biometric identification technology is an
  integral and strategic part of financial service
  security platforms to prevent identity theft and
  fraud. The major benefits of biometrics to banks
  include

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Benefits to Banks

• Reduction in security breaches
• Fraud protection
• Identity theft prevention
• Secure mobile banking app authentication

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For more information on how to implement
biometric ID in banking, please contact us!
20
1050 Crown Pointe Pkwy.Suite 850, Atlanta, GA
30338 USAPhone [phone]Fax (678)
559-0219E-mail info_at_m2sys.com www.m2sys.com
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